Plan Ledger DOL Form 5500 · updated monthly

Verve LLC401(k)

VERVE COFFEE ROASTERS 401(K) PLAN · SANTA CRUZ, CA · plan year 2022

Reported admin expense ratio · 2022
0.38%

Verve LLC reported $516 in plan administrative expenses for 2022: 0.38% of average plan assets, lower than ~75% of peers. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in California (9,223rd of 9,483), and 2,032nd of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$248,365
Participants with balances69
Active participants215
Employer contributions—
Employee contributions$179,922
Employer contribution per active participant—
Average account balance$3,599
Benefits paid to participants$4,862
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Investment management$516
Total administrative$516
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$516 · 0.38%
Same employer
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Rb Hospitality Inc CA$338K · 2.35%
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Baja Fish Tacos, Inc. CA$268K · 0.04%
Tpc Group Corp CA$209K · 0.11%
Vch Partners Inc. CA$151K · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352298665 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.